Online Economics Degree and Programs
Are you trying to decide between an online economics degree program and a finance degree?
Whereas a finance degree is more involved with the analysis of money and the structures surrounding it, an online economics degree deals with resources such as land, raw materials, labor or money and how people use these scarce resources (supply) in an attempt to satisfy their unlimited wants (demand).
Thus economists are tasked with the science of observing, researching, analyzing, drawing patterns and producing statistical reports that explain why people and things react the way they do in response to supply and demand, as well as outlining ways to allocate these resources as efficiently and effectively as possible.
Becoming an economist is only one of the options available with an online economics degree. Industries that employ graduates of online economics degree programs include banking, investment, transportation, government, manufacturing, information technology, and many others.
Specializations in economics include labor economics, money, finance, macro-economics, micro-economics, business economics, banking systems and international economics. Various economics degree online courses are available, and students can choose to pursue a bachelor's degree in economics or economic crime investigation, a master's degree in economics or business administration, or a PhD in urban and regional economics or microeconomic theory, among other degree specializations.
A bachelor's degree in economics will teach you a wide range of economic principles, with modules likely to include macroeconomics, risk analysis, banking principles, microeconomics, math and statistics, and the history of economic thought. An online economics degree course is also suitable for business people who wish to improve their qualifications.
Economics Degree Online Colleges
Strayer University is an accredited online college offering flexible learning programs. Strayer also provides students with several financing options to choose from, including federal grants and loans, active-duty military scholarships, veterans' educational benefits, The Bailey Family Foundation Scholarship, employer tuition assistance, and private loans. Strayer's online degree programs include the following online economics degrees:
- Associates of Arts in Economics
- Bachelor of Science in Economics
Ashford University allows students to transfer up to 99 credits, including community college credits. They also offer tuition assistance, employer tuition reimbursement programs, and financial aid programs, which include federal Stafford loans, PLUS loans and Pell grants. Among other business and finance programs, Ashford offers the following economics degree online program:
- BA/Social Science - Economics
Grand Canyon offers the following economics degree online program:
- BS in Finance and Economics
Utica College an accredited online college offering the following online economics degrees:
- Bachelor in Economic Crime Investigation
- Executive Masters in Economic Crime Management
Jobs and Salary Outlook for Graduates of Online Economics Degree Programs
Some economics bachelor's degree holders qualify for entry-level administrative or cost estimator jobs in medium-sizes organizations. Others go on to work in the education field as teachers or trainers. As with many degrees, attaining a higher education degree in economics will help you attain a better position with more pay and responsibility. Many consulting firms, along with the federal government, prefer graduates with a master's degree in economics for work as a consultant, management analyst, or professional economist. With an economics masters degree, you could also work as a postsecondary teacher or university researcher.
The Bureau of Labor Occupational Outlook Handbook 08-09 survey states that the mean annual salary for cost estimators in 2007 was $58,640, while high school economics teachers earned $52,450. The mean annual wage for economists in 2007 was $86,700, with the main employers being state governments and federal branches. The mean annual wage for management analysts was $80,460 while postsecondary economics teachers earned $83,030 per year during the same period.
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